Notice of the 68th Annual General Meeting and Annual Report 2025.
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Sakthi Finance has called its 68th AGM on Saturday, September 27, 2025 at 12:00 noon, to be held via video conferencing. Key items on the agenda include adopting the FY25 financial statements, confirming interim dividends on preference shares (totaling about ₹183 lakhs), and declaring an equity dividend of ₹0.80 per share (8%) on 6.47 crore equity shares, with record date set as September 20, 2025. Shareholders will also vote on re-appointing Managing Director M Balasubramaniam for another 5 years (with a salary of ₹3 lakh/month plus 3% commission on net profits), appointing new independent and non-executive directors, and raising the authorised share capital from ₹130 crore to ₹150 crore. Additionally, the company is seeking approval to issue secured non-convertible debentures up to ₹250 crore and 20 lakh redeemable preference shares up to ₹20 crore on a private placement basis.
The proposed ₹0.80 per share equity dividend is modest but signals steady returns for shareholders, while the ₹250 crore NCD and preference share issuances could dilute existing equity if preferences are converted, though the preference shares are explicitly non-convertible. Re-appointment of the existing Managing Director provides continuity in leadership.